Velox Tyres Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 5.00 Cr
as on 24-10-2024
- Company Age 10 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.87 Cr
as on 24-10-2024
- Satisfied Charges ₹ 1.96 Cr
as on 24-10-2024
- Revenue 37.28%
(FY 2023)
- Profit 1291.59%
(FY 2023)
- Ebitda 148.90%
(FY 2023)
- Net Worth 9.72%
(FY 2023)
- Total Assets 41.87%
(FY 2023)
About Velox Tyres
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹9.87 Cr. The company has closed loans amounting to ₹1.96 Cr, as per Ministry of Corporate Affairs (MCA) records.
Thomas Thomas and Susila Thomas serve as directors at the Company.
- CIN/LLPIN
U25190KA2014PTC075118
- Company No.
075118
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Jun 2014
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Velox Tyres Private Limited offer?
Velox Tyres Private Limited offers a wide range of products and services, including Solid Tyres, Solid Cushion Tyres, Solid Rubber Tyre.
Who are the key members and board of directors at Velox Tyres?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Thomas Thomas  | Director | 30-Jun-2014 | Current |
| Susila Thomas | Director | 30-Jun-2014 | Current |
Financial Performance and Corporate Structure Insights of Velox Tyres.
Velox Tyres Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.28% increase. The company also saw a substantial improvement in profitability, with a 1291.59% increase in profit. The company's net worth moved up by a moderate rise of 9.72%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Velox Tyres?
In 2023, Velox Tyres had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Sidbi Creation Date: 17 Jan 2024 | ₹1.82 Cr | Open |
Others Creation Date: 11 May 2023 | ₹3.00 M | Open |
Others Creation Date: 16 Sep 2021 | ₹7.76 Cr | Open |
How Many Employees Work at Velox Tyres?
Velox Tyres has a workforce of 15 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Velox Tyres, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Velox Tyres's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
